no i smelled allergan in the water. unless there is little to no competition, no increase in roll cost, no exposure to china investors simply aren't interested the bottom line, when stock after stock finds itself unable to rally off good numbers, it is the analyst and the market i think investors are judging too harshly. the stock of apple shows when expectations finally get so slow, they are soundly thrashed and gains are once again par for the course bill in new york bill. >> caller: hi, jim, a big booyah to you jim, i want to know if you can tell me about sky works solutions. if the recent downturn is a result of the trade wars or is a as a result of the relationship with apple >> i think it is the latter. liam griffen has done a remarkable job what did he do made the best chip sets and apple picked the chip sets. i think the stocks will go up. this one is one of those that is a roller coaster expectations were too high and now they are too low possibility when the company reports later this woke theek te stock can r

allergan recalling a birth control product because of the active and placebo pills are out of order. the company is issuing the voluntary recall for th the taytulla sample pack. they say the first four days had placebo capsules instead of active capsules. allergan says to contact your physician for a return. >>> morgan freeman is demanding an apology, blasting a report accusing him of sexual assault. >>> tracking a state of emergency in north carolina. emergency in north carolina. the dangerous situation (baby laughs) emergency in north carolina. the dangerous situation ♪ but one blows them all out of the water. hydrboost from neutrogena®. with hyaluronic acid to plump skin cells so it bounces back. neutrogena® so it bounces back. handcrafted layers of clean food you can give your kids. tomatoes. even the picky ones. panera. food as it should be. now delivered. ask sherwin-williams during our who e community, nation painting week sale. from may 25th through june 4th get 30% off paints and stains. visit your neighborhood sherwin-williams store today. >>> welcome back. flooding continu

it doesn't sound like there's anything on the table there, but the deal just happened allergan is of a similar size. their stock is depressed bankers might be trying to shop it around. >> historically, you want to own the seller you don't want to own the buyer. what they do is cost cutting at this point you're trying to get big synergies. i wouldn't buy these stocks with that specific reason, not yet, for take out >> meg, thanks we'll see you later this afternoon, when we see the president. >> here's what else is coming up on "the halftime report. >>> next up, the wall street note saying, quote, don't be a bonehead see which way this analyst that has everyone talking today thinks tesla's going next. >> before the break, our data partners at kensho on what happens after netflix jumps 30% in a month and sold two weeks later the numbers show the stock takes up another 2.6%. beating the rest of the nasdaq stocks for more, go to cnbc.com/kensho. "the halftime report" with scott wapner and the tderars is back in two minutes anyone can get you ready, holiday inn express gets you the readies

. >>> and strong demandd for bot earnings beat for allergan. they increased the four year outlook at a time when the company's outlook is unclear. the board has been consideng an array of options, including selling units, acquisitions, ans evenitting up the business. but today the ceo said he was not a propone of a major strategy shift and shares felly as a result5% to $153.65. >> diamond off shore said an increase in new drilling contracts helped it record a smaller than expected loss. revenue fell but that beat estimates. the company is seeing expected headwinds in the floating rig division. >>> weight loss company nutrisystem topped expectations ter the bell. the results were helped by strength in its direct to consumer business.th company also raised its full year guidance. shares initially popped in after hours and also ended the regular day up 1.5% to $29 even. bill? f signed the number contracts to purchase existing homes barely budged in march, and that was before the rise in mortgage rates. so what will the rest of the pring market loo

. >> the patient has a life threatening reaction to allergans. they give hives. >> the the drug miker milen is experiencing delays from the manufacturer that supplies them. >> the problem is severe enough that the fda put the pens on the list of drugs that may experience shortages. the agency said it received reports of intermittent supply constraints. milen also released a statement saying there may abspot short annual but product is available and milan is continuing to receive supply from the manufacturing partner. the good news is there are other options. this doctor tells his patients that in a pinch they can do it the old fashioned way, a hypodeterminic needle and a bottle of the medicine. >> you can as i showed you before draw up a little bit to give to the patient to take home until they get the prescription. >> all sides agree that any shortage will be short lived. in walnut creek, eric thomas, abc 7 news. >>> four more states now reporting illnesses in the deadly food poisoning outbreak linked to remain let us from arizona. the centers f

those are the things we discuss when we talk about the first line of treatment which is allergan avoidance. >> reporter: including faster diagnosis and medication prescribing, lower out-of-pocket costs, and access for people in remote areas. do you feel like it got any better at all? >> reporter: researchers also found face-to-face screen time might improve the doctor-patient relationship. >> it's all about building rapport and active listening and facial expressions that then establish that connection with the patient. >> one of the things you could try before adding another medication is the air filter. and then we can check back in on that. >> great, thank you, dr. rohm. >> take care. >> bye. >> reporter: telehealth industry is expected to grow to $36 billion by 2020. right now 34 states and washington, d.c. require insurance companies to cover virtual visits the same as they do for office visits. but of course services like shots still have to take place in person. . >>> prime real estate in and around los angeles can cost you an arm and a leg, especially if you're looking for a place

allergan is always a better allegan. we have been opened to selling businesses in the past.ttle over a year ago, we sold generics -- our generics business. we sold our respiratory business as well as others. that has always been part of our strategy. there are a few assets that are better in someone else's hands. we always open to those ideas. amanda: you mentioned the ted stock.- teva what you get out of that? brent: where hope and -- hoping to be finished in the next few quarters. we have sold a good portion of our stake already. we try to do it very orderly. we try to do it so it does not disrupt their stock price and do it in a way that maximizes value for shareholders. we will consistently sell over the next few quarters. amanda: lots of focus on patents . good news in terms of it not happening as soon as some thought, but what is the outlook? brent: our assumption is that we isll have generic restas sometime in the third quarter. we have added one additional month to our forward guidance. not a lot of time, but we will update the market as we go. it is worth on the top

in this case with the allergan pills, those last four pills were packaged first.e taking placebos for the first four-days as opposed to the real thing. they have a liability problem? >> absolutely, stuart. the name of the drug is taytula. there is one lot number, 562076, expires may 2019. it is still on market. the regular pill, is pink. the placebo, four purple. the four purple are supposed to be at the end of the month. the 26 pink, are hormone anily active. they suppress the cycle. if you reverse them, you have a big chance of pregnancy. somebody gets pregnant they didn't like to, they found out they were marketed wrong, the company has a problem. stuart: is this a relatively small-scale problem, in the sense that, only sense that, 170,000 of these birth control packages were put on the store shelves? >> there could be a large-scale problem. look, i can't give you the percentage of who could get pregnant that way. i'm not say the pills won't work. they may still work with the cycle reversed but not in everyone, that is a lot of people, over 100,000. the real is

. >>> pharmaceutical company allergan recalling a birth control pill. the company is issuing a voluntary recall for the theytulla sample pack. they say the first four days have placebo capsules instead o active capsules. >>> details on these delivery robots we told you about a year ago. according to tech crunch, kiwi filled 10,000 orders so far. the company uses a team of robots. one picks up the order at the restaurant. then loaded into a semi autonomous trooik. finally the last robot makes the delivery. kiwi says it's cheaper than human kur years. it's crazy to see that bike riding by itself. >> check this out. jellyfish are lined up like sparkling diamonds along pacifica state beach, or like something. the aquatic animals are taking beachgoers by surprise. even long-time surfers say there are a lot more than normal this year. experts at the california academy of sciences say this larger-than-usual beaching appears to be a bay area phenomenon. >> i saw kids playing with it. >> i'm like, put it down. >> we kept saying it's almost entirely harmless. >>

the drugmaker, allergan is recalling 170,000 packs because placebos and active capsules were packaged out of order. that could result in unplanned pregnancies. it is intended to have 24 active pink pills, followed by four an actor purple pills. the packets carry a may 2019 expiration date. >>> virgin galactic's newest space plane has successfully flown again. it is a suborbital spaceship. it is called the vss unity. it completed its second test flight over the mojave desert. engineers say the focus -- focus on the flight was to expand what they know about the supersonic handling characteristics that control that plane. they fired the motor for 31 seconds. it reached a top speed of mach 1.9. >>> it is a hot topic. we are talking about the only source of water for san francisco. the appeal is happening in a fresno courtroom that could affect the hetch hetchy reservoir in yosemite national park. >>> appeals bill along 680 in dublin is causing a traffic nightmare. i will tell you when you might get some relief. >>> along with at 680 tie up in the dublin area, we are keeping an eye another

. >> doc, talk to me about allergan what's going on? >> there's a rumor out there that people are acting on that pfizer might be kicking the tires. it was enough to send the 150 calls that expire tomorrow from about 30 cents to $4 or $5 so the rumor spiked the stock. it's a very interesting chart and, obviously, this is one that we frequently hear takeover rumors about. >> j.j., ford suspending production of the f-150, pete's truck, due to a fire at a factory. earnings could be affected short term the company thinks. >> right, short term this quarter i would expect to be affected by it but moody's came out with something today saying they're going to get past this, it's a temporary glitch. stocks are actually up 1% on the news. >> industrials are up this last week. >> yeah, they're up 4% the last week but still down 1% year to date and off 7% from their high in january we're starting to see the dow industrials average go into the green. i think the industrials are the next sector to go back in the green for the year the institute for su

help it recruit and retain higher quality entry level employees in a very tight labor market >> and allergan is voluntarily recalling 170,000 sample packs of a birth control pill sent to physicians nationwide. the company says some of the pills in those packs were placebos they have an expiration date of may of 2019. you're up to date. that's the news update this hour back to you. >> sue, thank you very much. >> here's what else is coming up on "the halftime report. >>> the big call on one of the biggest players in the oil patch. see why this analyst just got so bullish on this big name >> before the break, our data partners at kensho on what happens to the russell after jumping at least 5% between january and may. the numbers say buy in the index is positive 100% of the time after a big run in the first five months of the year. up on average an additional 8.8% by the end of the year for more, go to cnbc.com/kensho. "the halftime report" with scott wapner a t tde ibandherarss ck in two minutes let's begin. yes or no? do you want the same tools and seamless experience across web and tablet? d

why not go back and pick up allergan for 60% of what they were going to purchase it for. >> all these prices, all of big pharma are down. >> what happened to the hope of m&a? did we throw it out the window that's been a big disappointment for a lot of us. >> these stocks are getting cheaper and cheaper. >> cheaper in a wayia want to own them or don't want to own them >> i think you want to own them. they're strong balance sheets. they have products but they haven't shown them yet >> m&a in pharma is mixed at the most charitable thing you could say is, it's okay sometimes. it has not been an overwhelming success. >> there are two places in health care you want to be, hmos, all of them reported great numbers, and med tech. every one beat and raised or there's. a restructuring story. those places where people own them, i think they're still going higher the others are really struggling >> reed said it's a seller's market and valuations are high do we want to be in biotech? those are the target, right? >> i disagree with that. there's a lot of companies in the biotech sector who have one

. >>> pharmaceutical company allergan is recalling nearly 170,000 packs of birth control packs.aged out of order, which could lead to unintended pregnancies if taken at the wrong time of the month. >>> and the scripps national spelling bee is under way in maryland. a record-breaking 516 kids are competing this year, including this 12-year-old. his father won the national spelling bee in 1985. it's the first time a child of a former champion is competing. some paren invest thousands of dollarto go for the title. the top 50 spellers will advance to the final round tomorrow. >> that would be a nice full-circle moment. >> talk about pressure. >> that's right. you're right. >> when your dad might be able to spell better than you. >> and if you don't win, that ride home is going to be awfully quiet. >> dad would say, i'm still proud of you though. >> that's right. >> darn. >>> now to this story we're covering this morning. 52 women now accuse a former university of southern california gynecologist of sexual misconduct spanning decades. dr. george tindall is accused of groping patients

shares to double giving the company a market valuation of $3 billion other companies from gilead to allergan and smaller companies like intercept and genfit are also developing drugs for disease and you can see they were hit on this news. >>> coming up, a new series on the threats to real estate from the weather, diana olick has that story. >> hurricane season starts tomorrow so we're looking at how real estate developers are dealing with rising risks from severe storms. we'll take you to the boston seaport where massive construction lies in the path of increasingly wicked weather. ron! soh really? going on at schwab. thank you clients? well jd power did just rank them highest in investor satisfaction with full service brokerage firms...again. and online equity trades are only $4.95... i mean you can't have low cost and be full service. it's impossible. it's like having your cake and eating it too. ask your broker if they offer award-winning full service and low costs. how am i going to explain this? if you don't like their answer, ask again at schwab. schwab, a modern approach to wealth man

off of the shelves because of a production error that could make them unable to prevent pregnancy allerganre packaged out of order that could result in unplanned pregnancy. it is intended to have 24 pink pills followed by 7 inactive purple pills. >>> safety concerns about a water park in sacramento. the incident that happened over the holiday weekend that landed seven men behind bars. ice cream inspired iced coffee is here at dunkin' in the flavors you love, cookie dough, pistachio and butter pecan. and now, enjoy any medium iced coffee for $1.50. america runs on dunkin'. >>> seven men are under arrest on suspicion of inappropriately touching young girls at a water park in the sacramento area during the memorial day weekend. investigators say this happened monday at the sun splash water park in roseville. the suspects range in age from 18 to 28. the suspects worked together to intentionally target young girls. authorities first learned about the men after several girls were touched. then more young girls came forward with similar claims when police arrived. >>> clean up is under way in mar

charles: last week the fed -- another one for you, allergan recalling its birth control pill becauseh placebo. the name of the drug -- judge napolitano: this is a different analysis because the manufacturer made a mistake. in every state of the union we have strict liability meaning the manufacturer is liable for all of its mistakes no matter how innocent they may be. the issue is not liability but damages. as i understand it, the pills that were placebos were very early on like the first few pills you will take and thereafter they were legitimate birth-control pills. the question is who was harmed and to what extent were they armed? but to the extent that the manufacturer caused women to ingest something other than what they believed they were ingesting there was perceived liability and emotional damage if not actual real damage by the failure of these pills to work. charles: so interesting because in the corporate world after the crisis in the early 2000s all these different rules said ceos and management would be liable for financial mistakes, but operational mistakes happen over